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05/07/22
08:44
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Originally posted by bratt90
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Humboldt Range Gold-Silver Project, Nevada
First RC drilling at Star Canyon hits 9.1m at
124g/t Au from 27m
Bonanza result sits within numerous wide lower-grade intersections less than 3km from the
5Moz operating Florida Canyon Gold Mine
Highlights:
• Maiden Reverse Circulation percussion (RC) drilling at Star Canyon in the Humboldt
Range Project has returned exceptional results.
• The results highlight potential for Star Canyon to host high-grade gold and silver veins
within a potentially bulk mineable Carlin-style system in Nevada, a world-class
precious metals province.
• The results include:
o 9.1m @ 124.36 g/t Au & 48.6 g/t Ag from 27.4m to 36.6m depth in hole BC22-
005, including 3m @ 371g/t Au & 143.5g/t Ag.
o 73.2m @ 0.28 g/t Au from 36.6m to end of hole in Carlin-style mineralisation
immediately down hole from the bonanza intersection in BC22-005.
o 42.7m @ 0.32 g/t Au, including 25.9m @ 0.48 g/t Au from 19.8m (BC22-007).
This is also spatially associated with a broad zone of silver mineralisation over
59.4m @ 3.5g/t Ag from 3m depth.
o 61m @ 0.19 g/t Au from 39.2m (BC22-004).
• Broad Carlin-style gold and silver mineralisation occurs throughout the tested part of
the soil anomaly and the central mineralised limestone corridor.
• The mineralisation remains open and largely untested for the extension of bonanza
grade veins.
• The Star Canyon prospect is part of a much larger anomalous gold & silver zone known
to contain many other mineralised veins with bonanza grade potential.
• In light of these strong results, PolarX is prioritising follow-up drilling at Star Canyon
and the associated Ridgeline Target
Expand
The bonanza grade vein (see Figures 1 and 4) was intercepted between 27.4 and 36.6m down-hole
depth and averages 124.36 g/t Au & 48.6 g/t Ag. Two individual 1.52m samples assayed 352.79 g/t Au
& 134 g/t Ag and 389.27 g/t Au & 153 g/t Ag from 27.4 to 30.5m downhole depth , immediately
followed with 73.15m at 0.28 g/t Au from 36.6m to end of hole at 109.73m. This hole was terminated
in mineralisation grading 0.29g/t Au and 4.3g/t Ag due to technical issues.